Anglo American (LON:AAL) Reaches New 52-Week Low – Here’s Why

Anglo American plc (LON:AAL)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 23.77 ($0.29) and last traded at GBX 2,369 ($29.15), with a volume of 12426698 shares traded. The stock had previously closed at GBX 2,369.50 ($29.16).

Wall Street Analyst Weigh In

AAL has been the topic of a number of research reports. Berenberg Bank restated a “sell” rating and set a GBX 2,100 ($25.84) price objective on shares of Anglo American in a research report on Thursday, October 24th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd. Finally, Citigroup restated a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 2,715 ($33.41).

Anglo American Stock Up 0.6 %

The stock has a market capitalization of £29.69 billion, a P/E ratio of -2,359.13, a PEG ratio of 2.05 and a beta of 1.10. The business has a 50-day simple moving average of GBX 2,395.66 and a two-hundred day simple moving average of GBX 2,330.99. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94.

Insider Transactions at Anglo American

In other news, insider Nonkululeko Nyembezi bought 297 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was bought at an average price of GBX 2,348 ($28.89) per share, for a total transaction of £6,973.56 ($8,580.73). 9.78% of the stock is owned by insiders.

Anglo American Company Profile

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.